Question 1. Anthony G: when it comes time to pay the debt, what the hell are we going to use to pay other than our land, resources, blood? Is this part of the Act of 1871 when the US went bankrupt and became a corporation under admiralty law?Question 2. Henrik A: Is it true that local banks/Credit Unions are unaffected during a bail-in ("Cyprus style"), OR will all banking institutions, regard...Read More
Apple CEO Tim Cook has one big hope for the future - that he lives to see the end of money.Continue...Read More
Handan, a major steel-producing city in north China's Hebei province, will step up its steelmaking curbs by cutting production by 50-55% until the end of March, according to an official notice from its local government late on Monday February 26. The city, which is among 28 in the country's northern region that are limiting production at 50% of capacity during the winter heating season, which ends...Read More
RAPAPORT... Polished-diamond shipments out of India increased in January,according to data from the nation's Gem & Jewellery Export Promotion Council(GJEPC). Polished exports climbed 29% year on year to $2.08 billionand, by volume, rose 20% to 2.7 million carats. The average price grew 7% to$766 per carat. Polished imports dropped 21% to $136 million, while netpolished exports - the excess of...Read More
RAPAPORT... Thailand's gem and jewelry exports climbed2% to almost $13 billion in 2017, excluding gold, Commerce Minister SontiratSontijirawong said in his opening address at the Bangkok Gems & JewelryFair last week.An improving economic outlook in keymarkets for Thai-manufactured jewelry, such as the US, provides optimism forcontinuing growth in the country's gem exports, according to governm...Read More
Palantir Technologies is a private American software and services company which specializes in big data analysis. Headquartered in Palo Alto, California, the company is known for two projects in particular: Continue...Read More
In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More
Weekly Reports |Feb 27 2018The buyers are lined up in the uranium spot market but are not prepared to meet prices on offer.-Utility demand driving off sellers-Buyers not paying up-US uncertainty continuesBy Greg PeelLast week there were two non-US utilities awaiting offers in the uranium market, industry consultant TradeTech reports. Of note is one utility seeking a total of 1.02mlbs U3O8 to be de...Read More
Popular financial data maven Lynette Zang, Chief Market Strategist at ITM Trading, returns to Reluctant Preppers to dive deeper into the DROPOFF CLIFF of INTER-BANK LENDING and why it offers us a CRITICAL SIGNAL of BANKING LOSS of TRUST. Zang answers viewer questions on WHO REALLY OWNS YOUR ACCOUNTS, whether the government FDIC insurance offers any real protection, and WHAT YOU CAN DO ABOUT IT whi...Read More
Handan, a major steel-producing city in north China's Hebei province, will step up its steelmaking curbs by cutting production by 50-55% until the end of March, according to an official notice from its local government late on Monday February 26. The city, which is among 28 in the country's northern region that are limiting production at 50% of capacity during the winter heating season, which ends...Read More
HARARE – Zimbabwe expects to earn $1.78-billion from mineral sales in 2018, up from $1.5-billion last year, Masimba Chandavengerwa, chief executive of the government marketing agency, told a mining conference on Tuesday.Political changes that saw former president Robert Mugabe step down last year after almost four decades in power have improved the investor mood in Zimbabwe, which has some o...Read More
In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More
In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More
In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More
This deal may be a forerunner for how the Defense Department will purchase certain technologies in the future.Continue...Read More
In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More
In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More
The falling dollar will create a long-term bull market in commodities...Don't look now, but the U.S. dollar has been falling for about a year.This means people who aren't paid in dollars and invest in the U.S. markets have been losing money.When the dollar falls or even collapses, everyone will rush out of dollar-denominated assets like Treasuries and U.S. stocks. They will put their money into ha...Read More
In the assumption that one of the three recommendations by the DOC (Dept. of Commerce) is adopted and unlike section 201 made permanent, US producer prices (FOB Midwest mill) are unlikely to fall in the short term but the degree of gains could be quite different.In this article we examine "option 3" - a quota regime, which restricts foreign steel to 63% of the 2017 total. In this scenario the pric...Read More
The merging of real money and the blockchain has begun, and it may 'We the People' who put back the silver into our monetary system. Here's why...by Rory Hall, (in addition to an interview with David Morgan) via The Daily CoinSilver has been money longer than gold and has created more wealth for individuals than gold. Silver translates, in many languages around the world to the word money. Silver...Read More